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ABM Solid (WAR:ABM) Cyclically Adjusted PS Ratio : (As of May. 25, 2024)


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What is ABM Solid Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ABM Solid Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ABM Solid's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ABM Solid Cyclically Adjusted PS Ratio Chart

ABM Solid Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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ABM Solid Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of ABM Solid's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, ABM Solid's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ABM Solid's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, ABM Solid's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ABM Solid's Cyclically Adjusted PS Ratio falls into.



ABM Solid Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

ABM Solid's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, ABM Solid's adjusted Revenue per Share data for the three months ended in Mar. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=11.943/104.2735*104.2735
=11.943

Current CPI (Mar. 2019) = 104.2735.

ABM Solid Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200906 -291.067 90.761 -334.401
200909 136.087 90.517 156.769
200912 154.980 90.843 177.894
201003 70.691 91.819 80.279
201006 119.279 92.715 134.150
201009 142.030 92.715 159.737
201012 260.245 93.692 289.638
201103 120.525 95.889 131.063
201106 152.121 96.541 164.306
201109 194.562 96.296 210.680
201112 182.992 98.006 194.695
201203 83.197 99.552 87.143
201206 69.124 100.448 71.757
201209 60.736 99.715 63.513
201212 30.686 100.285 31.906
201303 29.409 100.529 30.504
201306 30.569 100.855 31.605
201309 43.021 100.936 44.443
201312 30.402 101.018 31.382
201403 21.982 101.262 22.636
201406 24.170 101.180 24.909
201409 36.028 100.611 37.340
201412 30.566 100.122 31.833
201503 22.963 100.041 23.935
201506 23.349 100.448 24.238
201509 22.618 99.634 23.671
201512 26.061 99.471 27.319
201603 10.553 98.983 11.117
201606 11.446 99.552 11.989
201609 20.779 99.064 21.872
201612 22.208 100.366 23.073
201703 11.349 101.018 11.715
201706 20.013 101.180 20.625
201709 22.096 101.343 22.735
201712 19.740 102.564 20.069
201803 12.895 102.564 13.110
201806 15.274 103.378 15.406
201809 17.868 103.378 18.023
201812 16.631 103.785 16.709
201903 11.943 104.274 11.943

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


ABM Solid  (WAR:ABM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


ABM Solid Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of ABM Solid's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ABM Solid (WAR:ABM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Bartla 3, Tarnow, POL, 33-100
ABM Solid SA is a construction company, operating in all key construction segments. It provides services from designing to completion and commissioning of the constructed object.